Over 5.9 Crore ITRs Filed by July 31 Deadline

The deadline applied to resident individuals who do not need an audit. That includes most salaried employees, pensioners, and students with income from multiple house properties, interest, dividends, capital gains, or other sources.

Taxpayers with business or professional income who file ITR-3, as well as those opting for the presumptive taxation scheme under ITR-4 (Sugam), have later due dates.

Under the old tax regime, the basic exemption limit is ₹2.5 lakh for individuals below 60, ₹3 lakh for senior citizens (60 to 79), and ₹5 lakh for super senior citizens (80 and above). Under the new tax regime, the exemption limit is ₹4 lakh for all age groups.

The e-filing portal remains the official platform for filing returns, paying taxes online, and submitting statutory forms. Taxpayers log in with their PAN, select the applicable ITR form, verify income and deduction details, pay tax due, and complete e-verification.

More than 5.9 crore returns were filed by the end of the due date, indicating a rush to avoid penalties, interest, and compliance notices.